Group decision making with incomplete information:a dominance and quasi-optimality volume-based approach using Monte-Carlo simulation

Autor(en)
Paula Sarabando, Luís C. Dias, Rudolf Vetschera
Abstrakt

In this paper, we present a comprehensive framework for multiattribute group decision making considering that neither information about individual preferences nor the importance of individual decision makers for the group is available in exact form. We study several different forms of incomplete reference information, including a ranking of attribute weights, ranking of values of alternatives in each attribute, and ranking of value differences. Our approach is based on relative volumes in parameter space and allows for probabilistic statements about different results, including optimality or quasi-optimality of alternatives, or relations between alternatives

Organisation(en)
Institut für Business Decisions and Analytics
Externe Organisation(en)
INESC Coimbra, Universidade de Coimbra
Journal
International Transactions in Operational Research
Band
26
Seiten
318-339
Anzahl der Seiten
22
ISSN
0969-6016
DOI
https://doi.org/10.1111/itor.12315
Publikationsdatum
06-2016
Peer-reviewed
Ja
ÖFOS 2012
502052 Betriebswirtschaftslehre
Schlagwörter
ASJC Scopus Sachgebiete
Management of Technology and Innovation, Business and International Management, Computer Science Applications, Strategy and Management, Management Science and Operations Research
Link zum Portal
https://ucris.univie.ac.at/portal/de/publications/group-decision-making-with-incomplete-informationa-dominance-and-quasioptimality-volumebased-approach-using-montecarlo-simulation(2dbaf524-bd07-450b-9d2a-d836d3a0b515).html